Salzer Electronics Limited has received an order worth INR 500 million for smart energy meters from an advanced metering infrastructure service provider in India. This follows an earlier order of INR 50 million from the same customer in the previous quarter.
The company’s manufacturing facility, with an annual production capacity of 4 million smart meters, is set to meet the growing demand for smart metering solutions. The latest order is part of the Revamped Distribution Sector Scheme (RDSS), an initiative aimed at modernizing India’s power distribution network.
D Rajesh Kumar, Joint Managing Director of Salzer Electronics, stated that the company is focused on meeting industry standards in smart metering technology.
Salzer Electronics manufactures a range of electrical products, including switchgear, wires, and cables. The company operates multiple manufacturing units in Coimbatore and exports products to various international markets.